Subjects and Citizens

from The John Conyers Abdication by Ben Shapiro at National Review: Americans love to mock the British for their addiction to royalty. But the fact is that we have created our own version of royalty in our politics, right down to inheritance and droit du seigneur....

The Perversion of the Risk Pool

Kevin Williams writes on health insurance The Private Option- Back to Square One in National Review.   We have written about the problem with cross subsidization driving up costs, the perverted incentives of third party payers and the tax incentives to over-insure. ...

In the Face of Irrefutable Evidence

At an address at a YPO meeting in 1997 at Washington and Lee, Journalist and columnist Jack Germond used the following illustration: A man awoke one morning to his alarm. The time was 5:55 AM. He went to the bathroom where an indoor /outdoor thermometer showed the...

The Canadian Lesson on Sound Banking

The default belief  of our economic history of the last 100 years has been an acceptance of the dynamic growth of capitalism punctuated by excesses of market greed that have to be corrected by the singular wisdom of government regulation. On closer examination many of...